Citigroup Cuts Vodafone Group Public (LON:VOD) Price Target to GBX 66

Vodafone Group Public (LON:VOD) had its price objective cut by Citigroup from GBX 73 ($0.92) to GBX 66 ($0.84) in a research report sent to investors on Tuesday, MarketBeat.com reports. They currently have a neutral rating on the cell phone carrier’s stock.

Vodafone Group Public Stock Performance

Shares of VOD opened at GBX 65.10 ($0.82) on Tuesday. Vodafone Group Public has a 12-month low of GBX 63.06 ($0.80) and a 12-month high of GBX 79.50 ($1.01). The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The company has a market cap of £19.67 billion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The stock has a 50-day moving average price of GBX 67.82 and a 200-day moving average price of GBX 71.51.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 330 million customers in 15 countries (excludes Italy which is held as a discontinued operation under Vodafone Group), partner with mobile networks in 45 more and have one of the world’s largest IoT platforms.